We have been buying short sales for investment purposes, primarily fix and flip. We just got a rejection from BofA and the reason given was that we had a hard money loan, and they will only accept conventional financi...
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Good morning. What's the deepest discount you received on a short sale? Was the property in pretty bad shape, or was it fairly decent? What was your exit strategy, and how much total profit did you receive from ...
Does anyone have any experience with a homecomings financial short sale? I am two weeks away from the date for the sale and they won't give me an answer. The homeowners are more than a little nervous.
Thanks
My friends daughter came to me with the following story asking for help.
Seller is approved for Citi short sale. Listing agent finds buyer who submits offer.
Buyer wants to lease prior to completion of approval by ...
Hello,
Some of my pre foreclosure owners are perfect candidates for a short sale, (1st and second notes are about equal to the market value, or are upside down) but they have basically given up on homeownership, and a...
I am in search of some different companies that do the short sales for you. I can and have done them but we are working on some big projects right now and need to continue with them. If you have heard of a company or ...
Hi, wondering what the average haircut lenders are accepting on 192k payoffs and 101k payoffs? Do you believe 25k would be an acceptable deduction? Also, what type of resale restrictions are the majority of lender...
Does anyone know of a good place on the internet to find an article that I can use to explain a short sale to someone in simple terms? There is a woman next door to one of my listings that is about to go into foreclo...
So I recently came across a new way to make money in real estate it's called a reverse short sale. Basically in a nutshell we would wait for a short sale to fall apart and then after that happens we would go to the au...
Does anyone know of a company you can outsource the short-sale to in California?